The Australian
Star Minerals continued to shine on drilling results from its Tumblegum South project, hitting high grades including 5m at 30.91g/t from 21m in shallow close-spaced infill drilling at the Mid West deposit.
Star is one of a number of ASX players aiming to get into cashflow quick with small-scale gold operations via toll treatment arrangements.
Stockhead
Tylah Tully chats with Star Minerals (ASX:SMS) managing director Ashley Jones about the company’s latest gold assay results from its Tumblegum South project.
Recent drilling has returned exceptional near-surface grades that exceeded expectations and point to additional shallow ounces that could strengthen the project’s economics.
The purpose of the drilling campaign was primarily infill work, converting inferred resources into the indicated status to firm up the scoping study.
Gold Coast Bulletin
Star Minerals releases gold assay results from its Tumblegum South project, boosting its economics for a planned scoping study.
The Mercury
NT News
Cairns Post
Rat's Rant
SMS - Star Minerals Limited today closed up another 10% to finish at 5.5c on $660k stock traded. There was no news out today but on Tuesday they announced assay results from its Tumblegum South Gold Project located in WA.
Townsville Bulletin
The potential of the Tumblegum South project near Meekatharra in WA is growing with Star Minerals (ASX:SMS) recording infill drilling assays up to 5m grading 30.91g/t gold from 21m, including 2m at 75.45g/t.
Shallow, closed-spaced infill drilling was carried out at a density sufficient to delineate geological continuity of mineralisation to a high degree of confidence.
Results from 22 of 38 holes validate the geological model underpinning the resource of 45,000oz gold completed in 2023.
“We are pleased to see the quality of these first results from the Tumblegum South gold project drilling program,” MD Ashley Jones said.
“With the standout intercept so far being 5m at around an ounce of gold per tonne, Tumblegum South is proving to be an even stronger project, with a quality gold deposit.”
The company aims to start mining in Q1 2026 at Tumblegum South, which is near underutilised mills owned by Westgold Resources (ASX:WGX) and Catalyst Metals (ASX:CYL).
